Sandvik Acquires PDQ Workholding LLC
Sandvik has acquired PDQ Workholding LLC to enhance its advanced machining solutions and customer offer in North America, strengthening relationships with machine tool builders.
Sandvik Coromant Updates Productivity Analyser for Sustainability
Sandvik Coromant enhances its Productivity Analyser with new features for measuring energy consumption and carbon footprint, aimed at improving sustainability in manufacturing.
Sandvik to Acquire Majority Stake in Suzhou Ahno
Sandvik has signed an agreement to acquire a 72.4% stake in Suzhou Ahno, enhancing its position in the Chinese precision cutting tools market.
Sandvik to Acquire Almü for Aluminium Machining Solutions
Sandvik has agreed to acquire Germany's Almü, enhancing its capabilities in lightweight components for the automotive sector amid the rise of electric vehicles.
Sandvik and SSAB Partner for Fossil-Free Steel Supply
Sandvik and SSAB have entered a letter of intent for the procurement of fossil-free steel, supporting sustainability in mining equipment manufacturing.
Sandvik Acquires esco GmbH to Enhance Gear Machining Software
Sandvik has agreed to acquire esco GmbH, enhancing its capabilities in gear machining software for electric vehicles, aligning with its growth strategy in key industry segments.
Sandvik Announces New Manufacturing Facility in Malaysia
Sandvik is investing SEK 350 million in a new factory in Malaysia to produce equipment for the mining sector, focusing on battery-electric vehicles and conventional machinery.
Sandvik Finalises Acquisition of Frezite
Sandvik has completed the acquisition of Frezite, a Portuguese PCD tools manufacturer, which will enhance its offerings in various industrial sectors.
Sandvik Completes Acquisition of Sphinx Tools Ltd
Sandvik has acquired Sphinx Tools Ltd to enhance its product portfolio in precision round tools, particularly in the micro tools segment.
Sandvik Completes Acquisition of Balax, Inc.
Sandvik has acquired Balax, enhancing its tap offerings in North America, aligning with its growth strategy. Balax recorded revenues of 10 million USD in 2021.
Sandvik Completes Acquisition of Peterson Tool Company
Sandvik has finalised the acquisition of Peterson Tool Company, enhancing its custom tooling solutions for the automotive and general engineering sectors.
Sandvik Agrees to Acquire Frezite, PCD Tools Manufacturer
Sandvik will acquire Frezite to enhance its PCD tooling capabilities and strengthen market position in lightweight materials across various sectors.
Sandvik Acquires Akkurate to Enhance Battery Management Solutions
Sandvik has acquired Akkurate to strengthen its battery management capabilities and support electrification growth in its Mining and Rock Solutions division.
Sandvik Agrees to Acquire Spanish Firm Preziss
Sandvik has signed an agreement to acquire Preziss, enhancing its capabilities in lightweight automotive components and expanding its service offerings in machining solutions.
Sandvik to Acquire Peterson Tool Company Assets
Sandvik has reached an agreement to acquire the assets of US-based Peterson Tool Company, enhancing its offerings in custom tooling solutions for engineering sectors.
Sandvik Establishes BEV Supply Agreement with Hindustan Zinc
Sandvik has signed a Memorandum of Understanding to supply a battery-electric equipment fleet to Hindustan Zinc, enhancing its sustainability efforts in India.
Sandvik Completes Acquisition of Gerling GmbH
Sandvik has finalised its acquisition of Gerling GmbH, enhancing its tube engineering solutions portfolio, particularly for the hydrogen sector.
Sandvik Purchases Dimensional Control Systems for Growth
Sandvik has acquired Dimensional Control Systems to enhance its industrial metrology solutions and digital manufacturing capabilities, aligning with its strategic growth focus.
Sandvik Signs Agreement to Acquire ICAM Technologies
Sandvik has agreed to acquire ICAM Technologies, enhancing its software capabilities in CNC machining operations and optimisation solutions for various industries.
Sandvik Agrees to Acquire Gerling GmbH for Tube Solutions
Sandvik has signed an agreement to acquire Gerling GmbH, enhancing capabilities in the hydrogen market and precision tube engineering. The transaction is expected to close in Q1 2022.
Sandvik Finalises Acquisition of Cambrio Software Company
Sandvik has finalised its acquisition of Cambrio, enhancing its CAD/CAM software capabilities for various manufacturing sectors.
Sandvik Unveils New Battery-Electric Mining Equipment
At MINExpo 2021, Sandvik launched new battery-electric mining products, enhancing its offerings and promoting efficiency in underground operations.
Sandvik Agrees to Acquire Cambrio for CAD/CAM Solutions
Sandvik has signed an agreement to acquire Cambrio, enhancing its CAD/CAM software offerings within the manufacturing sector, subject to regulatory approval.
Sandvik Acquires QCT's Cutting Tools Division
Sandvik's acquisition of QCT's cutting tools division aims to enhance its manufacturing capabilities in Mexico, supporting growth in various industries.
Inauguration of Sandvik's Titanium Powder Plant in Sweden
Sandvik launched a titanium powder plant to address market demands for additive manufacturing, enhancing capabilities in sectors including automotive and tooling.
Sandvik Acquires 30% Stake in Beam IT
Sandvik has acquired a 30% stake in Beam IT to enhance its Additive Manufacturing capabilities and align with its strategic goals in component manufacturing.
Sandvik Acquires Artisan Vehicle Systems for EV Solutions
Sandvik has acquired Artisan Vehicle Systems, enhancing its capabilities in battery electric vehicle technology for underground mining applications.
Self-Driving Technology Achieves Two Decades of Safety
Sandvik reports two decades of self-driving technology operating without accidents involving individuals, highlighting advancements in innovation and sustainability.
Sandvik to Acquire Metrologic Group for 360 Million EUR
Sandvik announces the acquisition of Metrologic Group to enhance its digital manufacturing capabilities and customer offerings within the machining solutions segment.
Electrification presents opportunities for automotive suppliers
Sandvik says the shift towards hybrid and electric vehicles will create new opportunities for automotive suppliers, alongside challenges including charging times, driving range and grid capacity.
Sandvik Joins Research Initiative for Heavy Vehicle Manufacturing
Sandvik Coromant partners with KTH and others to enhance powertrain manufacturing processes in heavy vehicles through the new PMH Application Lab.
Sandvik Contributes to Finland's Longest Highway Tunnel Project
Sandvik's involvement in the Tampere Rantatunneli enhances traffic safety and functionality, featuring advanced drilling technology for efficient construction.
Gotthard Base Tunnel Officially Opens in Switzerland
The Gotthard Base Tunnel, the world’s longest and deepest traffic tunnel, opens, promising significant time savings in passenger and goods transportation across the Alps.
Sandvik Team Receives Wilhelm Haglund Medal for Innovation
The Wilhelm Haglund Medal was awarded to Sandvik Mining's team for developing a new modular underground truck, enhancing safety and performance in mining operations.
Introduction of World's First 3D Printed Car at Auto Show
The Strati, the inaugural 3D printed car, was unveiled at the Detroit auto show, highlighting advancements in manufacturing techniques and collaboration with Renault.
Sandvik Receives Volvo Supplier Award for Excellence
Sandvik has been recognised with the Volvo Supplier Award for its contributions to quality and cost savings in tooling solutions.
Launch of Energy-Efficient Mining Truck TH663 in Australia
Sandvik has introduced the TH663 mining truck in Australia, emphasising customer requirements while achieving significant cost savings through enhanced efficiency and reduced weight.
Sandvik considers closing Finnish site employing up to 470 people
Sandvik is considering closing its Turku site and optimising its Tampere facility in Finland, potentially affecting about 470 jobs in Turku and 30 in Tampere. The sites manufacture and test underground loaders, trucks and drill rigs.
Sandvik Implements Climate-Smart Manufacturing Solutions
Sandvik focuses on energy-efficient products and technologies to reduce carbon emissions in various sectors, promoting sustainability in manufacturing and mining industries.
Automotive Industry Trends: Growth and Sustainability Challenges
Sandvik partners with automotive firms to address growth and sustainability, focusing on energy-efficient production and innovative materials amidst changing market dynamics.
Advancements in Fuel Cell Technology and Local Partnerships
Sandvik develops materials for fuel cells, collaborating with Sandviken municipality to promote hydrogen technology while enhancing efficiency and sustainability.
Sandvik Introduces Pressurfect Tubes for Automotive Industry
Sandvik has developed Pressurfect tubes to meet evolving automotive demands for strength and efficiency amid tightening emissions regulations, supporting innovation in engine design.
Sandvik Completes Acquisition of Precorp Inc. Shares
Sandvik has acquired the remaining 51% of Precorp Inc., enhancing its capabilities in engineered cutting tools and aligning with long-term strategic goals.
Seco Tools develops durable oxide-coated inserts for steel turning
Seco Tools has developed a new generation of oxide-coated cemented-carbide inserts for steel turning in automotive and engineering applications. The inserts offer improved coating durability, heat resistance and productivity, and have already generated significant sales.
Seco Tools team wins award for oxide-coated automotive machining inserts
A Seco Tools team has won Sandvik’s 2013 Product Developer of the Year award for creating oxide-coated cemented-carbide inserts with improved durability for high-speed steel turning in automotive and engineering applications.
Sandvik Announces Investment in Sweden and China Facilities
Sandvik plans a 200 MSEK investment for new workshops and centres in Sweden and China, enhancing productivity and application strategies in metal cutting.